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Lucid Group (LCID) Suffers a Larger Drop Than the General Market: Key Insights
Zacks Investment Research·
Lucid Group stock declined 3.7% to $4.16, underperforming the S&P 500's 0.76% loss. The electric vehicle automaker has depreciated 17.87% over the past month, significantly underperforming its sector. Upcoming earnings are projected at -$2.76 EPS with revenue of $378.49 million, though the company maintains a Zacks Rank #3 (Hold) rating.
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